Spicy Pickle Franchise News

DENVER, CO--(Marketwire - Dec 20, 2011) - Spicy Pickle Franchising, Inc. (OTCQB: SPKL) (PINKSHEETS: SPKL), the Denver-based fast-casual restaurant franchising company, partnered with both Food Bank of the Rockies and Mix 100 FM to help fight hunger during the holidays.
In September, local Denver deejay celebrities Dom Testa and Jane London selected one of their favorite Spicy Pickle® sandwiches, the "Bandido" Panini, and then from September 27 to November 13, each local Spicy Pickle restaurant donated $1.00 from the sale of every Bandido Panini to Food Bank of the Rockies. The Bandido, one of Spicy Pickle Sandwich Company's top selling gourmet sandwiches, is made with pepper-crusted turkey, pepperjack cheese, extra-virgin olive oil chipotle mayonnaise, roasted red peppers and sundried tomatoes on in-store baked rosemary focaccia bread...

DENVER, CO--(Marketwire - Nov 1, 2011) - Spicy Pickle Franchising, Inc. (OTCQB: SPKL) (PINKSHEETS: SPKL), the Denver-based fast-casual franchising company, announced today that it entered into a new development agreement with its existing Las Vegas-based franchisee for the development of five additional Spicy Pickle® Sandwich Company locations in and around Las Vegas, Nevada. This release represents the company's third announcement of new franchise and development agreements this month, coming right on the heels of planned developments in Canada and Qatar.
The Las Vegas developer, Lynelle Robison, currently operates two Spicy Pickle Sandwich Company restaurants in the area. By entering into this new development agreement, Robison agrees to develop the new Spicy Pickle locations over the next three years...

DENVER, CO--(Marketwire - Oct 25, 2011) - Spicy Pickle Franchising, Inc. (OTCQB: SPKL) (PINKSHEETS: SPKL), the Denver-based fast-casual franchising company, announced today that it is expanding its Spicy Pickle® brand to Canada. The company stated that it has entered into a franchise agreement for the development of the first Spicy Pickle restaurant in Canada. The restaurant, which is expected to open in the summer of 2012, will be located in Calgary, Alberta, representing the beginning of the brand's expansion plans to our northern neighbor.
Jeff Branton, who is the Vice President and General Manager for the company's Canadian operations, including its BG Urban(SM) cafés and grills, said, "Given Canada's strong economy, and in Calgary in particular, this is a great market in which to launch Spicy Pickle in Canada, and it will complement our BG Urban brand operations nicely...

DENVER, CO--(Marketwire - Oct 17, 2011) - Spicy Pickle Franchising, Inc. (OTCQB: SPKL) (PINKSHEETS: SPKL), the Denver-based fast-casual franchising company, announced today that it has entered into a binding letter of intent with a new franchisee and developer for seven new Spicy Pickle® Sandwich Company locations in the State of Qatar. Representing the company's first foray into the booming Middle East nation, the first Spicy Pickle location in Doha, Qatar is scheduled to open for business in April 2012.
"We are very fortunate to have found really great partners to launch our Middle East expansion plan," said Mark Laramie, Spicy Pickle's Chief Executive Officer. We have been working diligently for the last year preparing for this exciting growth opportunity...

Spicy Pickle Sandwich Company Announces the Winner of its "Name Our Pickle" Contest
September 26, 2011 // Franchising.com // Denver, CO- Spicy Pickle® Sandwich Company has selected the winner of its "Name Our Pickle" contest. The Denver-based restaurant chain is proud to announce that the new face of the company will be Spy C. Pickle. Spicy Pickle deems Daniel Center of Denver the 2011 Grand Pickle VIP for his ingenious suggestion. Daniel will receive a Pickle Party for 20 people to celebrate with his closest friends.
Spicy Pickle's panel of judges received thousands of nominations from nearly every state. Suggestions came in all shapes and sizes such as perennial favorites like Zippy, Peppy and Freckle, to the purists including Gerry, Nick, Chris, and Pete...

Restaurant Specializes in Fresh-Ingredient Sandwiches, Soups, Salads and Personal Pizzas LAS VEGAS, NV--(Marketwire - Aug 10, 2011) - Spicy Pickle Franchising, Inc. (OTCQB: SPKL) announced today the grand opening of a second Spicy Pickle® Sandwich Company (www.spicypickle.com) location in Las Vegas. The gourmet sandwich shop's newest location is at 7271 Amigo Street, just south of McCarran Airport in the McCarran Business Center (off the 215 and Warm Springs Road at Amigo Street).The new store is destined to become the first choice for neighboring businesses and residents to go for lunch and dinner, as well as for catering. Beginning in September, breakfast will also be available in the restaurant and as a catering option.

"We're excited to introduce our second Spicy Pickle location to the Las Vegas area and believe the new location will be extremely popular since the area has a reputation for possessing a sophisticated food palate," says Lynelle Robison, franchise owner of both Las Vegas area Spicy Pickle restaurants...

Signs New Franchisee and Upgrades Certain Restaurant Services DENVER, CO--(Marketwire - January 11, 2011) - Spicy Pickle Franchising, Inc. (OTCBB: SPKL) today announced the appointment of Peter Wright as its new Chief Development Officer.

Mr. Wright is now responsible for franchise sales, real estate, architecture, construction and equipment. Prior to joining Spicy Pickle, Mr. Wright had over 13 years' experience in franchising and licensing in both traditional and non-traditional development channels in the U.S., Canada and other international markets.

His experience includes posts with several prominent brands such as The Counter, a specialty burger concept, Panera Bread Co., and Starbucks Coffee Co. His franchising experience primarily consisted of negotiating development agreements with experienced multi-unit restaurant operators...

DENVER, CO --(Marketwire - November 16, 2010) - Spicy Pickle Franchising, Inc. (OTCBB: SPKL), fast casual restaurant operator and franchisor of its Spicy Pickle U.S. and BG Urban Café Canadian brands, today announced results for its third quarter and nine months ended September 30, 2010.

For the third quarter, the first full quarter under new management, revenues increased to $1,132,631 from $954,188. For the nine months, revenues increased to $3,321,222 from $3,181,641. Revenues were higher due to increases in franchise fees, royalties and rebates which totaled $487,375 for the quarter vs $295,979 in the year ago quarter, and $1,383,206 for the nine months, up from $1,094,367 for the nine months the year before.

The loss from operations totaled $810,616 for the quarter compared with $608,190 for the year ago quarter and $1,851,663 for the nine months vs $1,570,875 for the nine months of 2009...

Opens First Redesigned BG Urban Cafe in Vancouver DENVER, CO -(Marketwire - November 11, 2010) - Spicy Pickle Franchising, Inc. (OTCBB: SPKL) today announced it has appointed Jeffery Branton Vice President and General Manager of its Canadian operations to specifically oversee the operations, growth and development of its BG Urban Café™ franchise restaurants. The company also reported it has completed rebranding the first of its cafés from a Bread Garden location into a BG Urban Café location, which is the new brand and name for the redesigned chain.

Mark Laramie, Spicy Pickle CEO, said, "It is a pleasure to reunite with another solid executive who has been a part of our successful team before in other companies...

DENVER, CO -(Marketwire - November 3, 2010) - Spicy Pickle Franchising, Inc. (OTCBB: SPKL) today announced the appointment of a new Chief Financial Officer and the addition of a Chief Marketing Officer who begins as a consultant.

Clint Woodruff, a certified public accountant, has joined the company as its Chief Financial Officer. He has more than 14 years experience in corporate accounting from Senior Accountant to Vice President of Finance and Controller. He has in-depth experience in restaurant and franchise operations, the company noted, including from 2000 to 2007 at Champps Entertainment, a publicly owned restaurant company.

The company also reported it has entered into a consulting relationship with Rob Elliot for him to perform as Spicy Pickle's Chief Marketing Officer...

DENVER, CO -(Marketwire) - Spicy Pickle Franchising, Inc. (OTCBB: SPKL), fast casual restaurant operator and franchisor of its Spicy Pickle® U.S. and BG Urban Café™ Canadian brands, today reported on its outlook for the remainder of this year and through 2011.

The company's new CEO (since April) Mark Laramie noted, "We have made significant progress in setting the company on the road toward profitability and ultimate success despite the poor overall operating environment in the U. S. in the past six months.

"These are still difficult times for restaurants, including for fast casuals and bakery cafes, as weak consumer spending continues and we are not expecting any significant near term help from the economy...

DENVER, CO - (Marketwire) - Spicy Pickle Franchising, Inc. (OTCBB: SPKL), fast casual restaurant operator and franchisor of its Spicy Pickle and Bread Garden Urban Café brands, announced today its results for the second quarter and six months ended June 30, 2010.

Revenue for the second quarter totaled $1,215,441, almost even with the $1,223,858 in the year ago second quarter. Franchise fees and royalties for the quarter rose to $541,378 compared with $493,413 in the same quarter 2009. The company noted that a majority of its revenue is derived from its owned restaurants. In May, 2010, Spicy Pickle closed one of its restaurants and is looking for a site to relocate it. Therefore, the second quarter ended with six company owned stores operating versus seven at the end of the second quarter a year ago...

DENVER, CO (MARKETWIRE via COMTEX News Network) -- Spicy Pickle Franchising, Inc. (OTCBB: SPKL), fast casual restaurant operator and franchisor of its Spicy Pickle and Bread Garden Urban Cafe brands, announced it has secured a $2,000,000 revolving credit line for operating capital.

The line is in the form of a convertible promissory note and secured loan agreement. Any outstanding indebtedness bears interest at the rate of 10%. The note will mature May 1, 2013 unless extended. The first interest only payment will not be due until September 1, 2010.

The conversion price is set at 10.5 cents, the closing share price on the date the note was signed. For every two shares received upon conversion, if any, the holder will receive a warrant to purchase one share at an initial price of 120% of the stock price during the 10 trading days prior to the election to convert...

DENVER, CO (MARKETWIRE via COMTEX News Network) -- Spicy Pickle Franchising, Inc. (OTCBB: SPKL), operator of the fast casual restaurant chains Spicy Pickle in the United States and Bread Garden Urban Cafe in Canada, today announced the addition of a CEO to its management team.

The Company will divide its current CEO/President role and appoint Mark Laramie as CEO, while Marc Geman will continue to be the President. Mr. Laramie will assume his position immediately.

Mr. Laramie is a restaurant executive with over 30 years' experience in growing companies and expanding regional brands into national and international markets. Mr. Laramie has extensive experience in retail operations, franchising, brand management and organizational development...

DENVER, CO (MARKETWIRE via COMTEX News Network) -- Spicy Pickle Franchising, Inc. (OTCBB: SPKL), operator of the fast casual restaurant chains Spicy Pickle in the U. S. and Bread Garden Urban Cafe in Canada, today announced the opening of the second Spicy Pickle restaurant in Houston, TX.

The new Houston restaurant is next to the Reliant Stadium, home of the NFL Houston Texans, on the retail level of a 300 unit apartment complex. The location, at 1333 Old Spanish Trail, at the corner of Kirby Ave., is just down the street from the Texas Medical Center, reported Marc Geman, Spicy Pickle's CEO.

"The Medical Center is one of the largest and most famous in the world. It encompasses 42 non-profit healthcare providers and has over 100,000 daily patients and visitors...

DENVER, CO--(Marketwire - March 22, 2010) - Spicy Pickle Franchising, Inc. (OTCBB: SPKL), operator of the fast casual restaurant chains Spicy Pickle in the U. S. and Bread Garden Urban Café in Canada, today announced the opening of a Spicy Pickle restaurant in Temecula, CA and a Bread Garden Urban Café in downtown Vancouver.

"The Temecula location is on the ring road of a shopping center that attracts a typical Spicy Pickle customer," said Marc Geman, CEO of Spicy Pickle. "Our franchisee is very familiar with the area and already has gained catering customers which we believe is the foundation for a successful restaurant. The restaurant design and build out were done very economically with a focus on return of investment for the franchisee," said Mr...

DENVER, CO (MARKETWIRE via COMTEX News Network) -- Spicy Pickle Franchising, Inc. (OTCBB: SPKL), operator of the fast casual restaurant chains Spicy Pickle in the United States and Bread Garden Urban Cafe in Canada, today announced signing of a contract with the Colorado Rockies to provide box lunches at Coors Field during the baseball season beginning with the first home game on April 9, 2010. It also announced that the City of Kamloops, British Columbia awarded Bread Garden Urban Cafe the contract to operate the restaurant and concession services at the McArthur Island Sport and Event Centre in Kamloops, British Columbia.

At Coors Field, Spicy Pickle will offer "Pickle Packs" of five different specialty sandwiches with chips, a large cookie and its signature spicy pickle spear...

DENVER, CO (MARKETWIRE via COMTEX News Network) -- Spicy Pickle Franchising, Inc. (OTCBB: SPKL), operator of the fast casual restaurant chains Spicy Pickle in the U. S. and Bread Garden Urban Cafe in Canada, today announced the opening of two new Bread Garden Urban Cafes in downtown Vancouver. The two new restaurants along with the new location opened at 4314 Main Street at Whistler Mountain in the late summer bring the total to 15 franchised Bread Garden Urban Cafes operating in British Columbia.

The two new restaurants and the Whistler Mountain location all have extremely high visibility to the Winter Olympics which will begin in Vancouver on February 12, 2010. The two new downtown locations are at 742 Granville, on the new pedestrian mall, and in the new Canadian Broadcasting Building at 700 Hamilton Street, both in the heart of Vancouver...

Construction Underway for Restaurants in Houston, Austin and Las Vegas DENVER, CO --(Marketwire) - Spicy Pickle Franchising, Inc. (OTCBB: SPKL), operator of the fast casual restaurant chains Spicy Pickle in the U. S. and Bread Garden Urban Café in Canada today announced the opening of a second franchisee restaurant in downtown San Diego directly across the street from Petco Park, home to the San Diego Padres major league baseball team. The franchisee that owns this newest restaurant has a multi-restaurant development package. There is a third Spicy Pickle restaurant in San Diego County in Poway, California that is owned by a different franchisee. These three restaurants that are opened along with the Spicy Pickle under construction in Temecula, California will give Spicy Pickle a four restaurant footprint in Southern California...

Net Loss Significantly Reduced for Third Quarter and Nine Months; Successful Financing Boosts Balance Sheet

DENVER, CO--(Marketwire - November 19, 2009) - Spicy Pickle Franchising, Inc. (OTCBB: SPKL), fast casual restaurant operator serving all natural premium meat and poultry and other fresh products and franchisor under its Spicy Pickle and Bread Garden Urban Café brands today announced its results for the third quarter and nine months ended September 30, 2009.
The Company reported that its cost cutting in these difficult economic times have significantly reduced its net loss and coupled with its recent financing have helped to greatly improve its balance sheet as of September 30, 2009 despite lower revenues being recognized by the operating restaurants...